ALG Condemns Cloture Vote on Financial Takeover Bill

May 20th, 2010, Fairfax, VA—Bill Wilson, President of Americans for Limited Government (ALG), will be available to comment on the cloture vote for the Dodd financial takeover bill. Today, the Senate voted to invoke cloture on the legislation 60 to 40.

Audio Actuality 1: _ Bill_Statement_1.mp3

“The Senate of the United States today took a giant step to creating a permanent bailout fund for Wall Street. All this does is institutionalize the same bad behavior that got us into the mess we are now.”

Audio Actuality 2: _ Bill_Statement_2.mp3

“The American people can be certain of two things as a result of this vote. First, they can be sure that there will be more bailouts and greater dislocation of the markets. Second, they can depend on higher taxes, and greater burden on them and their families, all thanks to the U.S. Senate, Chris Dodd, Barney Frank, Nancy Pelosi, and the rest of the unindicted co-conspirators in the financial meltdown.”

The Dodd Financial Services Bill institutionalizes many of the same issues that the American people rejected during the original financial services bailout. ALG has been a leading voice in opposition to the Dodd Financial Bill, and has become a trusted source for analysis from an independent, limited government perspective.

Interview Availability: To schedule Bill Wilson for a radio or television interview, please contact Rebekah Rast at 703-383-0880, for print interviews please contact Richard Manning at 703-383-0880.